About Praxis Softek Solutions Private Limited
Data last updated:
Praxis Softek Solutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72200WB2002PTC095436. Its GSTIN is 19AACCP8158P1ZK (West Bengal).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Chandan Mazumdar and Partha Chattopadhyay.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2019, the company reported a revenue of ₹28.9 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.61 Lakh (net margin -5.6%) and EBITDA of -₹1.29 Lakh (EBITDA margin -4.5%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 55% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Praxis Softek. As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praxis-softek.com.
- EmailLocked
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- Website
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- Registered AddressModule No – 616 5th Floor Sdf Building Salt Lake Electronic Complex Gp Block S, Ec – V, Kolkata, West Bengal, India – 700091
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Praxis Softek Solutions Private Limited
The main business activity of Praxis Softek Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Praxis Softek Solutions Private Limited FY 2019 filings available
Praxis Softek Solutions Private Limited reported revenue of ₹28.9 Lakh (down 66% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Praxis Softek Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 66% fall in the latest year. EBITDA fell 150% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Praxis Softek Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹28.9 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.61 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Praxis Softek Solutions Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -5.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Praxis Softek Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Praxis Softek Solutions Private Limited
Praxis Softek Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Higglo E-Commerce Private Limited | ₹29.05 Lakh (FY 2021) | •••• | •••• | 32048.0% | •••• | New Delhi, Delhi, India |
| Rajadhani Technologies Private Limited | ₹28.98 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Thiruvananthapuram, Kerala, India |
| Topaz IT Services Private Limited | ₹28.97 Lakh (FY 2023) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Modelytics India Private Limited | ₹28.96 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| Nivisha IT Solutions Private Limited | ₹28.92 Lakh (FY 2024) | •••• | •••• | -42.0% | •••• | Chandigarh, India |
| Praxis Softek Solutions Private Limited this company | ₹28.9 Lakh (FY 2019) | •••• | •••• | -66.0% | •••• | Kolkata, West Bengal, India |
| Tekvelo Systems India Private Limited | ₹28.82 Lakh (FY 2024) | •••• | •••• | -36.0% | •••• | Nagole, Telangana, India |
| Baroc Technologies Private Limited | ₹28.78 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Icwares Systems and Softwares (India) Private Limited | ₹28.77 Lakh (FY 2025) | •••• | •••• | -84.0% | •••• | Vazhuthacaud, Kerala, India |
| Nykinsky Business Management Consulting Private Limited | ₹28.74 Lakh (FY 2024) | •••• | •••• | -63.0% | •••• | Purnia, Bihar, India |
| Kaleigen Infotech Private Limited | ₹28.73 Lakh (FY 2023) | •••• | •••• | •••• | Telangana, India |
Peers are the five companies nearest above and the five nearest below Praxis Softek Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Praxis Softek Solutions Private Limited
Praxis Softek Solutions Private Limited is audited by ROY & BAGCHI for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ROY & BAGCHI | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Praxis Softek Solutions Private Limited
Praxis Softek Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandan Mazumdar | Director | 31 Aug 2005 | 21 Years 1 Months | Current |
| Partha Chattopadhyay | Director | 27 Nov 2002 | 23 Years 10 Months | Current |
Ownership and Shareholding of Praxis Softek Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Praxis Softek Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2006 | State Bank of India | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Praxis Softek Solutions Private Limited
Praxis Softek Solutions Private Limited has 4 court cases on record: 4 filed by Praxis Softek Solutions. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (FMA) | Filed by the company against Regional Provident Fund Commissioner & Ors | Disposed |
| Calcutta High Court | Company petition | Filed by the company against an individual | Disposed |
| Calcutta High Court | Company petition | Filed by the company against an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Regional E.P.F.Commissioner & Ors | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Praxis Softek Solutions Private Limited
Praxis Softek Solutions operates one associated brand: Praxis Softek. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops e-governance and analytics solutions as a technology firm. | praxis-softek.com |
Employees and EPFO Compliance at Praxis Softek Solutions Private Limited
Praxis Softek Solutions Private Limited has a workforce of 4 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Praxis Softek Solutions Private Limited
Praxis Softek Solutions Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Srilata Chattopadhyay ceased to be Director on 21 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for Praxis Softek Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Praxis Softek Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Praxis Softek Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Praxis Softek Solutions Private Limited
Praxis Softek Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCP8158P1ZK | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Praxis Softek Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Praxis Softek Solutions Private Limited
Praxis Softek Solutions is an active private limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 November 2002 (24+ years old) and is registered under CIN U72200WB2002PTC095436.
Praxis Softek Solutions reported revenue of ₹28.9 Lakh for FY 2019 (down 66% YoY).
Praxis Softek Solutions has 2 current directors:
- Chandan Mazumdar - Director
- Partha Chattopadhyay - Director
Praxis Softek Solutions reported a net loss of ₹1.61 Lakh (net margin -5.6%) and EBITDA of -₹1.29 Lakh (EBITDA margin -4.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Praxis Softek Solutions is -21% over three years and -55% over five years. In the latest year (FY 2019) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Praxis Softek Solutions is 19AACCP8158P1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Praxis Softek Solutions is U72200WB2002PTC095436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praxis Softek Solutions has 4 court cases on record: 4 filed by the company.
Praxis Softek Solutions was incorporated on 27 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Praxis Softek Solutions by revenue are Higglo E-Commerce Private Limited, Rajadhani Technologies Private Limited, Topaz IT Services Private Limited, Modelytics India Private Limited, Nivisha IT Solutions Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Srilata Chattopadhyay ceased to be Director on 21 Dec 2017. Chandan Mazumdar was appointed as Director on 31 Aug 2005. Partha Chattopadhyay was appointed as Director on 27 Nov 2002. Praxis Softek Solutions has 4 board changes on record in total.